Tax Minimization

Tax Loss Harvesting

There are several unique benefits encountered through the use of Separately Managed Accounts, the first of which is enhanced control when it comes to tax planning. Owning individual securities instead of mutual funds allows us to leverage tax loss harvesting strategies to minimize tax exposure as much as possible. In addition, we have much greater control over portfolio construction and the type of turnover and tax exposure we will have over time.

Strategic Giving

Also, depending on your giving objectives, we can be far more strategic when it comes to charitable planning. By gifting low basis, appreciated shares of stock, you are not only able to obtain the full deduction for the value of the holding, but you may also avoid unrealized capital gains on the holdings that are gifted. This is a commonly overlooked strategy which, if you are charitably inclined, can have a significant impact on your tax exposure over time.